One deal outstanding right now, and another in the works.

It’s an acquired taste that you begin to enjoy more and more especially once you begin to see the money you can make from it.Cold calling is an outstanding resource, especially for those with a limited advertising budget.

Just be sure the owner knows your intentions for the rehab.Also on the sales side as already mentioned.We have had outstanding results with this concept.

Sadly, Loser didn't get hurt on any of the broken glass - ah well, he had an outstanding warrant on him when they nabbed him for this so maybe he was made a prison girlfriend for a while.

Those casualties are providing outstanding opportunities for others.After MANY years in the business, 2007 was our best year ever in terms of personal sales as REALTORS and we are looking forward to an even better 2008.Hello everyone!

Also, well documented data on outstanding specific types of mortgages indicates likely high default numbers thru 2012.

The president has over 25 years of REI experience and an outstanding track record, excellent FICO, etc.

As more and more home owners find themselves in negative equity territory banks have every motivation to negotiate.I also think that a large percentage of the home owner population would rather avoid foreclosure even if that means hanging on to a home that is worth less than the outstanding mortgage for some time.So if somebody is willing to pay a mortgage for a place with negative equity the bank has every incentive to keep that person in the house.

Or better yet find someone who has any personal experience with the COB Sale, or anyone who may be interested in a joint venture.As I understand it these properties will be sold free of any outstanding liens, for the greater of 20% or $500 down and the balance due approximately 6 weeks later.I have completed some research/due diligence on the properties that are in the neighborhoods that I am most familiar with and there looks to be some nice ones still on the list (owners have until the last week in Sept. to petition the City to remove their property from the list).Things that I have completed in researching the properties have been:•Current owner(s)•Property class•Tax Value•Last sale price & date•Drive-by/visual inspectionIs there anything else that I should consider trying to determine before the sale?

Day 70 - Offer #3 falls through.Day 70 - Buying agent from Offer #3 finds another buyer, we get a contract at same price.Day 71 - Open titleDay 73 - Title company calls me, and tells me there is 2 outstanding liens on the property totalling more than the accepted contract price.